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        ILB FOERDERUNG BRANDENBURG FUER KMU UND MID-CAPS

        Signature(s)

        Amount
        € 200,000,000
        Countries
        Sector(s)
        Germany : € 200,000,000
        Credit lines : € 200,000,000
        Signature date(s)
        27/05/2020 : € 200,000,000

        Summary sheet

        Release date
        30 January 2020
        Status
        Reference
        Signed | 27/05/2020
        20180006
        Project name
        Promoter - financial intermediary
        ILB FOERDERUNG BRANDENBURG FUER KMU UND MID-CAPS
        INVESTITIONSBANK DES LANDES BRANDENBURG
        Proposed EIB finance (Approximate amount)
        Total cost (Approximate amount)
        EUR 200 million
        not applicable
        Location
        Sector(s)
        Description
        Objectives

        The project consists of a Multiple Beneficiary Intermediated Loan - Global Loan to finance schemes providing support to small and medium sized enterprises (SMEs) and midcaps in the EIB Cohesion Priority Region.

        The aim is to enhance the economic development of the Land Brandenburg, increase its economic resistance and creation of jobs at SME and midcap level.

        Environmental aspects
        Procurement

        The Federal State of Brandenburg shall undertake that its implementing agent will only finance eligible final beneficiaries who fully comply with the EU's EIA Directive and applicable environmental law.

        The Federal State of Brandenburg shall undertake that its implementing agent will only deploy EIB financing towards Final Beneficiaries which are private companies not operating in the utilities sector and not having a status of a contracting entity, thus not being subject to EU rules on public procurement

        Comments

        Under appraisal

        Disclaimer

        Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
        They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

        General enquiries and comments

        The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
        Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
        Alternatively, the EIB can be contacted through its external offices.
        Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

        Media enquiries

        Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

        Complaints mechanism

        Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

        Zero tolerance against fraud and corruption

        The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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